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Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK.As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications.
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GaffneyCline is a global consultancy in the energy sector, providing techno-commercial advice to clients that include energy producers, financial institutions, governments, etc. GaffneyCline is an independent wholly-owned subsidiary of Baker Hughes.
On November 17, 2014, Halliburton and Baker Hughes jointly announced a definitive agreement under which Halliburton will, subject to the conditions set forth in the agreement, acquire Baker Hughes in a stock and cash transaction valued at $34.6 billion. A press release made available on the former's website, as at December 11, 2014 detailed the ...
With an EVA momentum of 1.7%, Baker Hughes' economic value added increased year over year, placing it in the 55th percentile of all companies in the Russell 3000. Two of the three other companies ...
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry.In July 2017, this division was merged with Baker Hughes. [1]The division supplied equipment for the petroleum industry including drilling, subsea and offshore, onshore, LNG, distributed gas, oil pipeline and oil storage, oil refinery and petrochemical.
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Baker Hughes (NYS: BHI) carries $7.5 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.